Diane Richardson

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703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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Acreages for Sale Under $500,000

Browse acreages for sale under $500,000, including small acreages near Calgary, affordable country homes, hobby farms, rural land and current Southern Alberta MLS® listings.

Acreages for sale under $500,000 near Calgary and throughout Southern Alberta

Explore current acreages for sale under $500,000 on Diane-Richardson.com. Available listings may include small country acreages, affordable rural homes, hobby farms, vacant land and properties offering extra space for animals, recreational vehicles or outdoor living.

Buyers searching for small acreages for sale near Calgary under $500,000 should compare location, parcel size, home condition, road access, water supply, septic system, zoning, property taxes, outbuildings and distance to nearby communities and services.

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Acreages within this price range may be located farther from Calgary, require renovations or include different combinations of land, housing and outbuildings. Reviewing each listing carefully can help determine whether the property matches your budget, commute and intended use.

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Acreages for Sale Under $500,000

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91 Oliver Avenue
Gull Lake Gull Lake T4L 2N1

$529,900
Residential beds: 2 baths: 1.0 1,372 sq. ft. built: 1994

Main Photo: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 1: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 2: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 3: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 4: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 5: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 6: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 7: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 8: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 9: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 10: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 11: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 12: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 13: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 14: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 15: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 16: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 17: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 18: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 19: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 20: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 21: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 22: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 23: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 24: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 25: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 26: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 27: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 28: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 29: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 30: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 31: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 32: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 33: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 34: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 35: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 36: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 37: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 38: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 39: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 40: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 41: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 42: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 43: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 44: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 45: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 46: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 47: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Photo 48: 91 Oliver Avenue in Gull Lake: Detached for sale : MLS®# A2340360
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2340360
Bedrooms:
2
Bathrooms:
1
Year Built:
1994
Welcome to your dream LAKEFRONT RETREAT in the highly sought after village of GULL LAKE! This beautiful A-FRAME is the perfect blend of YEAR-ROUND comfort, NATURAL BEAUTY, PRIVACY and the relaxed lake lifestyle you've been waiting for. ~TUCKED AWAY among mature trees on a beautifully treed and private lot on the desirable OLIVER AVENUE, this property offers a rare opportunity to enjoy lakefront living in a peaceful, family-oriented community. The treed lot extends all the way to the lake, with easy access through the trees to the beach, making it effortless to enjoy everything GULL LAKE has to offer! Step inside and prepare to fall in love with the OPEN-CONCEPT INTERIOR, soaring VAULTED CEILINGS and GORGEOUS TONGUE-AND-GROOVE DETAILING that create the quintessential warm and inviting A FRAME Atmosphere. Large windows fill the home with natural light while bringing the beautiful outdoor surroundings right inside. The spacious kitchen offers an abundance of cabinetry and storage, flowing seamlessly into a generous dining area that is perfect for family meals, entertaining and gathering with friends. The inviting living room is the heart of the home, featuring a beautiful WOOD BURNING fireplace that adds warmth and ambiance on cozy evenings. A double patio door leads directly to an EXCEPTIONALLY LARGE WRAP AROUND DECK, extending around three sides of the home overlooking the private yard. The main floor features two comfortable bedrooms + a den, a convenient laundry room, and a three-piece bath, while the UPPER LEVEL offers a VERSATILE FLEX ROOM currently used as a primary bedroom. Step outside to a COVERED BALCONY, the perfect perch for enjoying the trees, fresh air, and TRANQUIL LAKE ATMOSPHERE! An incredible 24x30 detached heated garage (underfloor hydronic heating) and a large floor drain. offers ideal space for vehicle, toys, hobbies, storage or a workshop all year long! OUTSIDE, the property continues impress with a greenhouse, firepit, woodshed, mature trees, and plenty of room to enjoy the outdoors. With year-round living and lakefront access, incredible privacy, a warm and character filled interior, and OUTSTANDING HEATED GARAGE, this is far more then a cottage- ITS A LIFESTYLE! LOCATION IS FANTASTIC, approx 15 minutes to Lacombe, 25 minutes to Red Deer, offering a balance of perfect lake living and convenience to amenities, services and city life. New stainless dishwasher, stove, and fridge, a new fence, and your very own GOLF CART, registered to drive in the Village of gull lake! Don't let this one slip away.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
1 and Half Storey, Acreage with Residence
Total Living Area:
1,371.51 sq. ft.
Main Level Finished Area:
1,086.02 sq. ft.
Upper Level Finished Area:
285.49 sq. ft.
Acreage:
Yes
Lot Area:
38,768 sq. ft.
Lot Frontage:
40'
Front Exposure:
Southeast
Levels:
One and One Half
Total Rooms Above Grade:
6
Year built:
1994 (Age: 32)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Num Ensuite Baths:
0
Plan:
2022253
Heating:
Baseboard, In Floor, Fireplace(s)
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Cedar, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Mantle, Raised Hearth, Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached, Front Drive, Garage Door Opener, Garage Faces Front, Heated Garage, Oversized, See Remarks, Side By Side
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
Laundry Room, Main Level
Dishwasher, Garage Control(s), Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Fridge, Stove, Range Hood, Dishwasher, Microwave, Washer Dryer, All Window Coverings & Blinds, 2 Garage Door Opener plus controls, greenhouse, deck swing chair, picnic table, shed
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Den
12'4" × 8'
Main Floor
Bedroom
8'9" × 8'5"
Main Floor
Kitchen
16'10" × 11'7"
Main Floor
Laundry
7'11" × 5'11"
Main Floor
Living Room
17'1" × 13'5"
Main Floor
Bedroom - Primary
12'3" × 11'7"
Main Floor
Furnace/Utility Room
5'6" × 2'8"
Upper Level
Loft
19'8" × 11'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'5" x 8'9"
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Tennis Court(s)
Interior Features:
Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s), Vinyl Windows
Exterior Features:
Balcony, Fire Pit, Private Yard, Rain Gutters
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Back Yard, Backs on to Park/Green Space, Front Yard, Interior Lot, Lake, Landscaped, Many Trees, No Back Lane, No Neighbours Behind, Private
Num. of Parcels:
0
Outbuildings:
Shed, Greenhouse
Fencing:
None
Region:
Lacombe County
Zoning:
R1
Listed Date:
Aug 27, 2026
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Listed by RE/MAX real estate central alberta
Data was last updated August 29, 2026 at 12:05 AM (UTC)
DIANE RICHARDSON
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Buying and Selling Acreages Under $500,000

Acreages for sale under $500,000 may include small rural properties, older country homes, hobby farms, vacant land and affordable acreages located throughout Southern and Central Alberta.

Buyers searching for acreages for sale under $500,000 should be prepared for inventory to vary by location and market conditions. Properties closer to Calgary may be limited within this price range, while additional options may be available farther from the city or near smaller rural communities.

Listings within this budget can include homes requiring renovations, smaller parcels, land without a residence or properties with older outbuildings and rural utility systems. Each listing should be reviewed carefully to determine what is included and whether it meets the buyer’s intended use.

  • Location and Commute Consider the distance to Calgary, nearby towns, year-round road access, schools, shopping, healthcare and essential services.
  • Rural Property Systems Review the water source, septic system, heating, utilities, access roads, fencing, drainage, garages and outbuildings.
  • Land Use and Condition Confirm zoning, permitted uses, parcel boundaries, property condition, renovation requirements and restrictions affecting animals or future development.

Guidance for Acreage Buyers

Diane Richardson can help buyers compare available rural properties, arrange private showings and identify important questions to investigate before making an offer. Depending on the property, buyers may require additional inspections or professional advice concerning the residence, well, septic system, outbuildings and land.

It is also important to confirm financing requirements early. Rural properties, vacant land and homes needing substantial repairs may be assessed differently by lenders than conventional urban homes.

Selling an Affordable Acreage

Sellers should clearly present the home, parcel size, water and septic systems, outbuildings, access, zoning and recent improvements. Accurate property information helps buyers understand the value and practical use of the acreage.

Diane can help review comparable rural listings, identify marketable property features and develop an appropriate pricing and presentation strategy. Property owners can also request a property evaluation before preparing their acreage for sale.

For help buying or selling an acreage under $500,000, contact Diane Richardson at 403.397.3706 or diane@mypadcalgary.com. Listing availability and prices can change without notice.

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Contact Diane Richardson About Affordable Acreages

Have questions about acreages for sale under $500,000? Diane Richardson can help you review current rural listings, arrange private showings and compare properties throughout Southern and Central Alberta.

Call or Text

Speak directly with Diane about available acreages, property details or arranging a private showing.
403.397.3706

Send an Email

Email your preferred location, budget, acreage size and property requirements.
diane@mypadcalgary.com

Contact Form

Use the website contact form to request information about a listing or explain the type of rural property you are seeking.
Send Diane a message

Acreage inventory under $500,000 can be limited and listing prices may change. Contact Diane to confirm current availability, request additional property information or schedule a private viewing.

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